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Cessna Ups Price for 162 Skycatcher

Deliveries made before the end of the year unaffected

Skycatcher

November 17, 2011 – Cessna sent a letter this week to everyone holding purchase deposits on the 162 Skycatcher informing them that the price for delivery of the LSA would increase to $149,900 in 2012. However, there are a limited number of 162s available for delivery before the end of this year and they are available on a first-come, first-served basis at the old price.

The Skycatcher was unveiled at AirVenture in 2006 with an initial base price of $109,900 and Cessna reportedly received more than 1,000 deposits for the airplane over the next couple of years. Inflation adjustments had increased the base price now to just under $115,000.

Under the new higher price for 2012 Cessna has included a number of what was previously optional equipment including the Garmin GDU-375 flat glass multifunction display, an intercom, EGT, sun visor, and other items. Cessna also is increasing the warranty from one to two years. If the optional items, which will be standard under the new price, are included in today’s price the value would be $130,100.

Cessna spokesperson Diane White said the price increase was made necessary by Cessna’s commitment to sustain piston airplane production. “The aviation world is a whole different picture than when the Skycatcher was announced and we must sell the airplane at a price that makes the program sustainable,” she said.

Cessna offers deposit holders four options. The first is to close a sales contract on the remaining Skycatchers available for delivery before the end of 2011. If no airplane is available when a deposit holder responds, or if the deposit holder waits, a second option is to take delivery next year, in 2012, for the new base price of $149,900. A third option for deposit holders who want delivery in 2013 is to wait until that year when Cessna will provide a price. Finally, Cessna offers to refund the initial $5,000 deposit in full.

Cessna’s White said she didn’t know how many deposits are outstanding on the Skycatcher, and it had not been determined how many more airplanes could be delivered before the end of the year.

But as evidence of Cessna’s commitment to the Skycatcher, White said Cessna President/CEO Scott Ernest is learning to fly in the airplane.

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